HYLS Crosses Above Key Moving Average Level

In trading on Monday, shares of the First Trust Tactical High Yield ETF ( HYLS) crossed above their 200 day moving average of $50.55, changing hands as high as $50.64 per share. First Trust Tactical High Yield shares are currently trading up about 1% on the day. The chart below shows the one year performance of HYLS shares, versus its 200 day moving average:

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First Trust Tactical High Yield 200 Day Moving Average Chart

Looking at the chart above, HYLS's low point in its 52 week range is $48.49 per share, with $52.95 as the 52 week high point — that compares with a last trade of $50.64.

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